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TiVo splits IP licensing, and looks to Europe and Asia for growth

The financial shape of TiVo took an interesting turn this week as it came out with better than expected financials for Q1 and broke out its IP licensing, now making up around 45% of its revenues, into two clumps; US and the rest of the world. Executives talked up the opportunities for massive growth in the rest of the world and cited 9 out of 10 leading US pay TV operators paying a technology license. Comcast is the notable odd one out, and there is every chance that it might cave in later this year, before it goes to trial over the issue come 2018. When TiVo was acquired by Rovi, we said at the time that the two each…

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